New evidence on national culture and bank capital structure

New evidence on national culture and bank capital structure

© 2017 Elsevier B.V. We examine the nature of impact of national culture on bank leverage using a broad sample of 1701 banks from 79 countries, over the period 2000–2013, i.e., 18,996 bank-year observations. We find that banks in countries with high individualism culture dimensions hold more leverag...

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Bibliographic Details
Main Authors: Haq, M., Hu, D., Faff, R., Pathan, Md Shams Tabrize
Format: Journal Article
Language:English
Published: ELSEVIER SCIENCE BV 2018
Subjects:
Social Sciences
Business, Finance
Business & Economics
Bank leverage
National culture
Individualism
Power distance
Uncertainty avoidance
Long-term orientation
Endogeneity
RISK
DIVERSIFICATION
OVERCONFIDENCE
QUALITY
GENDER
STOCK
GLOBE
SELF
BIAS
LAW
Online Access:http://hdl.handle.net/20.500.11937/76639

Internet

http://hdl.handle.net/20.500.11937/76639

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